Ritu, Author at Punjab - India

Vodafone Interim CEO Vows to ‘Do Better’ After Q3 Revenue Growth Slows 0
- Economy
- February 1, 2023
in third-quarter revenue growth that stemmed from weak performance in key European markets. Organic growth in service revenue dropped to 1.8% year-on-year during the three-month period to December 31 to €9.52 billion (€1 = $1.0883), down from an increase of 2.5% in the prior quarter. The company said the slip was linked to declines in
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Asia FX Treads Water As Fed Meeting Looms, Dollar Inches Higher 0
- Market
- February 1, 2023
Most Asian currencies moved little on Wednesday in anticipation of a Federal Reserve meeting, while the dollar crept higher as markets positioned for an interest rate hike and a potentially hawkish message from the central bank. The dollar firmed slightly against a basket of currencies, with the dollar index and dollar index futures advancing about
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UniCredit Hikes Payout Goal By 40% After Record Rofit 0

January 31, 2023

UniCredit pledged on Tuesday to return 5.25 billion euros ($5.69 billion) to investors based on its 2022 results after posting a record quarterly profit, as CEO Andrea Orcel works to meet his ambitious payout plans. Orcel, who has focused UniCredit on capital light businesses to maximise returns since taking over in April 2021, expressed confidence

Asia FX Muted, Dollar Steadies As Fed Meeting Looms 0

Market

January 31, 2023

Most Asian currencies moved little on Tuesday, while the dollar retained recent gains as caution kicked in ahead of a Federal Reserve meeting this week, with any signals on U.S. monetary policy squarely in focus. But most Asian units were set for strong gains in January amid expectations that the Fed will slow its pace